Baywa re acquires French renewable energy developer Enerpole


From pv magazine France

German renewable energy company Baywa re has agreed to acquire French wind and solar project developer Enerpole for an undisclosed sum.

Founded in early 2005, Enerpole is based in Carcassonne in the south of France and brings to the German company a portfolio of 600 MW projects, including nearly 300 MW of solar and 300 MW of wind.

“We have been working with BayWa r.e. for years,” said Jean-Paul Boulze, president and founder of Enerpole. “The two companies share a common culture of developing projects with respect for men and women, the environment and the regions. It appeared to us as the most natural buyer to take over the approach initiated by Enerpole, with the confidence of the company's employees.”

With this acquisition, BayWa r.e. is, thus, setting up a seventh French office and strengthening its presence in Occitanie, where the company already employs ten people from its Montpellier office as well as two solar maintenance technicians near Toulouse.

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Additional recruitment is planned for 2021, making it possible to double the number of employees of the group in the region in two years. “We have a territorial approach aimed at responding to the challenges of each region,” explained Can Nalbantoglu, president of BayWa r.e. France.

Baywa re currently operates five solar parks, for a total capacity of 45 MW in Occitanie, and has more than 200 MWp under development in this region.

Active in France since 2005, BayWa r.e. has installed and commissioned 315 MW of wind and solar farms and provides technical and commercial management of nearly 600 MW. Its portfolio of projects under development now reaches 2.2 GW (1 GW of wind power and 1.2 GW of solar power) in France.

“The acquisition of Enerpole is consistent with our development strategy in France, one of the group's key markets which represents 20% of its results,” continued Nalbantoglu. Over the past three years, the subsidiary, which employs 130 people, has tripled its workforce and still plans to recruit 30 people in 2021.

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